theangelwing

another Fibonacci extension level ?

FX:EURUSD   Euro Fx/U.S. Dollar
349 0 0
I just read an ebook about Fibonacci level, and i find out about another important level in fibonacci extension , its 1.272 (or 1.27) and i find it in daily EUR/USD             chart (wave 4) as a support. What do you think about this 1.272 ?
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